By Bilal Hafeez 28-08-2019

My Five Takeways from the Fed’s Jackson Hole Symposium (4 min read)

The annual Jackson Hole gathering of leading Fed officials, international central bankers, and academics, always provides  a snapshot of high profile thought on policy. And this year’s was no different. Below are my five key observations from the event:   1. Running Out of Room for Cuts and the Drop in r* a.  Fed Chair Powell noted that the pre-2008 era was characterized by ‘long expansions supported by better monetary policy inevitably lead[ing] to destabilizing…

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